CAD/JPY Holds Positive Bias Despite Canada’s Sharp GDP Contraction: Buy Dips Toward 116 Target 
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook 
GBP/JPY Stuck in Holiday Neutral: Range-Bound at 210 Ahead of Christmas 
FxWirePro: USD/CAD outlook weaker on renewed downside pressure 
FxWirePro: EUR/CAD slips as firm oil price lift loonie despite soft GDP data 
FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside 
FxWirePro: EUR/CAD extends fall, vulnerable to more downside 
EUR/GBP Holiday Slumber: Bearish Bias Intact Below 0.8800 Resistance 
FxWirePro: EUR/NZD set for bigger drop, but close below key fibo needed 
FxWirePro- Major Pair levels and bias summary 
FxWirePro: GBP/AUD tracks lower on firmer Australian dollar 
USD/CHF Bears in Control: Dips Below 0.7870 Signal More Downside Ahead 
FxWirePro- Major Crypto levels and bias summary 
FxWirePro: USD/JPY extends falls as Japanese yen extends rally after hawkish BoJ minutes 
- Gold has decline almost 1% from the high of $1253 made yesterday and slightly recovered from the low of $1239. The yellow metal downside is limited due to weak U.S dollar and slight sell-off in equities. It is currently trading around $1245.
- US dollar hits ten month low against Euro as central banks in Europe are preparing to scale back monetary stimulus. U.S dollar index broken the low of 95.90 low made on Nob 9th 2016 and declined till 95.47.
- Gold’s near term support is around $1237 (200-MA) and break below will drag the commodity down till $1229 (38.2% retracement of $1126 and $1296). The yellow metal has taken support near 100- day MA and any further weakness can be seen only below this level.
- On the higher side, in the daily chart minor resistance is around $1255 (21 EMA) and any break above will take the commodity till $1266 (100- 4H MA)/$1263 (38.2% retracement of $1296 and $1243) /$1269 (daily Kijun-Sen).
It is good to buy on dips $1245 with SL around $1237 for the TP of $1263/$1266.
